Valuation article in Sprint
Discussion
Incognegro said:
Does anyone think they may be trying to talk down the older version of TVR as in make getting the new breed more desirable?
I cant see what more the new 4.5 cosworth V8 (with same DNA apparently) will have over the ajp/4.5SS rebuilt cars that have been well looked after and upgraded. as having non original TVR parts to a certain extent make the cars better i.e Nitron/Gaz over the Bilstien, Brake upgrades etc so I can only think they are trying to turn the used car market off by restricting cheap sales and therefore buyers will get frustrated and go and get the new breed.
I think I can see a club within a club coming. Original TVR and the New TVR
Just my thoughts no offence meant anywhere
I'd hope Les wasn't such a moron as to embark on such a strategy. I doubt he'd have got into the position he is if he were so stupid.I cant see what more the new 4.5 cosworth V8 (with same DNA apparently) will have over the ajp/4.5SS rebuilt cars that have been well looked after and upgraded. as having non original TVR parts to a certain extent make the cars better i.e Nitron/Gaz over the Bilstien, Brake upgrades etc so I can only think they are trying to turn the used car market off by restricting cheap sales and therefore buyers will get frustrated and go and get the new breed.
I think I can see a club within a club coming. Original TVR and the New TVR
Just my thoughts no offence meant anywhere
The enemy of new car sales is predicted residuals. Strong brand values help residuals. Pissing off existing owners will have the opposite effect to having them all flocking to the dealers to order new ones to depreciate like stones.
I think such clever conspiracy theories is giving Sprint too much credit. This was just incompetence.
interestingSuspect that the club will only discuss the issue at a 'board' meeting and only then if the topic is raised for inclusion on the agenda at least a month before the next meeting and only if the agenda item is supported by enough board members and if the board presentation is submitted a week in advance. Then the board will discuss it but will all defer to the chairman (I assume its a man - judging by the beard). The minutes will be typed up and then reviewed and edited by the chairman. The outcome will be 'carried forward to next meeting'. So in about 4 months a political response might be received which will have lost the essence of the issue.
B3NNL said:
...And still no response from TVRCC!
Do we have to spell it out for you guys? Someone from the club come on here and give as an explanation or admit the cock up. Mistakes happen, we know that but to bury your heads in the sand is not the answer.
There cannot be an official response until discussed at a committee meeting, as for an unofficial response try my post earlier on this thread, copied below;Do we have to spell it out for you guys? Someone from the club come on here and give as an explanation or admit the cock up. Mistakes happen, we know that but to bury your heads in the sand is not the answer.
richard sails said:
It's both a waste of time and effort to argue.
A table of values has been put forward and a method of describing the car in detail.
It's clear that in many people's opinion the two don't match.
The difficulty is that the seller always thinks a car is at a higher price point than the buyer, we can only see the sellers starting point.
We could make something good of this. What we all need is real data.
Can we ask everyone who has recently bought a car to reveal to us all both the condition of the car (as detailed against the measurement criteria in the article) and the price they actually paid. With this information a true picture of values could be built up and published in Sprint. If people are prepared to be honest then perhaps we can get a true picture of values today.
Let's be constructive and do something for the good of all.
I don't know how much appetite there would be for marking recently sold/bought cars against the marking scheme within the article and declaring the actual selling price, also if a private sale or a dealer purchase together with buyer or seller details so that the details could be verified. Would people be willing to do that? If they were we could generate the most accurate price guide in existence based on verified data.A table of values has been put forward and a method of describing the car in detail.
It's clear that in many people's opinion the two don't match.
The difficulty is that the seller always thinks a car is at a higher price point than the buyer, we can only see the sellers starting point.
We could make something good of this. What we all need is real data.
Can we ask everyone who has recently bought a car to reveal to us all both the condition of the car (as detailed against the measurement criteria in the article) and the price they actually paid. With this information a true picture of values could be built up and published in Sprint. If people are prepared to be honest then perhaps we can get a true picture of values today.
Let's be constructive and do something for the good of all.
Just my unofficial suggestion at present.
Cheers
Richard
TVR Car Club Archivist
That is a wind up I assume?
The cars generally sell for relatively close to advertised prices. To be honest I see this as a smoke screen as the other TVR cars werent so far from their market values. So clearly such analysis isnt needed to give a guide (v's an absolute record). Its wrong for Cerbera's by a huge margin.
The cars generally sell for relatively close to advertised prices. To be honest I see this as a smoke screen as the other TVR cars werent so far from their market values. So clearly such analysis isnt needed to give a guide (v's an absolute record). Its wrong for Cerbera's by a huge margin.
It's really disappointing from the club. Certain people in the club are 1st to accept the plaudits and pat themselves on the back when the club does something great like the 50th weekend, it's a shame the same people aren't there to hold their hands up when the club does something not so good.
I thought Gazzab's post was taking the piss but you lot actually do want 20 meetings about beards to cook up an 'official response'.
Just a simple 'yes we got that wrong' is all that is required.
I thought Gazzab's post was taking the piss but you lot actually do want 20 meetings about beards to cook up an 'official response'.
Just a simple 'yes we got that wrong' is all that is required.
glow worm said:
It wasn't only Cerberas that showed a lack of understanding of the brand/market...
Indeed, I know you Cerb chaps were most put out, understandably but the Griff 500 prices seemed low as well. Looking at Pistonheads there are 28 Griffs for sale (one from Fernhurst unpriced/free?) so taking the remaining 27 cars the average price is £20,000. However the article talks about "concours" examples so let's just take the top 10 priced cars and you get an average of £26,500 and a median of £25,500. Knock off a bit for negotiation and you get a value of around £25,000. Not scientific I know but sounds about right for a concours Griff 500.
RichB said:
Indeed, I know you Cerb chaps were most put out, understandably but the Griff 500 prices seemed low as well.
Looking at Pistonheads there are 28 Griffs for sale (one from Fernhurst unpriced/free?) so taking the remaining 27 cars the average price is £20,000. However the article talks about "concours" examples so let's just take the top 10 priced cars and you get an average of £26,500 and a median of £25,500. Knock off a bit for negotiation and you get a value of around £25,000. Not scientific I know but sounds about right for a concours Griff 500.
An SE Griff sold recently... Asking price £50k... less the negotiation,and probably classed maybe Excellent not "concours". Looking at Pistonheads there are 28 Griffs for sale (one from Fernhurst unpriced/free?) so taking the remaining 27 cars the average price is £20,000. However the article talks about "concours" examples so let's just take the top 10 priced cars and you get an average of £26,500 and a median of £25,500. Knock off a bit for negotiation and you get a value of around £25,000. Not scientific I know but sounds about right for a concours Griff 500.
XK120FHC said:
I thought Gazzab's post was taking the piss but you lot actually do want 20 meetings about beards to cook up an 'official response'.
I did not say that, I just said an 'Official' answer would require discussion before it would be official, one meeting would be enough. Otherwise its just an opinion of the poster, how could it be an official opinion before a number of members of the club have talked about it?I came on here to look for a way to improve the situation, not to enter into a pointless argument. For your information I am not convinced any of the values in that guide are accurate and like you I don't know how these values were obtained, however rather than just slag off the club or assume some complex conspiracy theory I would like to wait to find out.
As I have already pointed out it would be great if we tried to collate enough real data to produce some accurate numbers and I am pleased to say that I have already had a few emails from members with useful suggestions on that front.
This may well be my last post on this thread as I do not want to be involved with pointless arguments.
TVRJAS said:
RichB said:
...Not scientific I know but (£25k) sounds about right for a concours Griff 500.
An SE Griff sold recently... Asking price £50k... less the negotiation,and probably classed maybe Excellent not "concours". Gassing Station | Cerbera | Top of Page | What's New | My Stuff